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  • What is congshine stainless steel
    What is congshine stainless steel
    • 2018-06-10 18:23:12

    Congshine provides excellent stainless steel and processing with industry leading service. Our innovative and quality driven service center ensure quality with reasonable price. We help our client make cost effective results. With our expertise support our customers reduce their supply chain concerns and aid in transplant stamping operations. Congshine keep the customer satisfaction in high level. Our prompt response times and flexibility let us to meet tight deadlines for our clents.As a supplier and processor, Congshine provides a convenient source to meet its supply. Our processing services include stainless steel sheet Slitting, Edging , Blanking, Leveling Shearing.

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  • Congshine promise
    Congshine promise
    • 2018-06-10 20:33:42

    Congshine promise Integrity /Commitment/ Reliability /Commitment for stainless steel sheet/stainless steel bar/stainless pipe/stainless coil. We do what we say. That is the way we do business with overseas honorable customers. We are willing to create great value with our clients based on our relationship. Welcome to any inquires from all over the world.

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  • ASTM TP316L stainless steel pipe
    ASTM TP316L stainless steel pipe
    • 2018-06-10 19:05:02

    This is Michael Zhang from congshine(Shanghai) metal material ltd. Now i am in Karachi Pakistan. I plan to stay in karachi for a year. If you have any stainless steel pipe ,stainless steel bar, stainless steel sheet and stainless steel coil. Pls contact me direct. I will spare time to meet and. I am sure Congshine will be your best partner. So pls feel free to ask us for any inquire.  Pls find our latest tp316l  seamless stainless steel pipe quote for your reference.      

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  • The imported Nickel for stainless steel
    The imported Nickel for stainless steel
    • 2018-06-03 12:51:14

    This is Congshine(Shanghai) metal material co.,ltd. Now let us share china stainless steel news with you. LME prices fell to 9000 from 1st May 1 to 25th May in the early month. Then It stopped and maintained price fluctuations around $400. The inventory change is also small. But it has increased significantly at the end of this month. As for domestic nickel iron prices it fell again.  And the low-grade size nickel iron filling fell is also big. The high grade nickel stainless steel prices was affect smaly in short-term. nickel prices are largely driven by low grade nickel stainless steel prices in anticipation of a weaker nickel prices overall shakeouts. The imported Nickel  maintain overall losses. And the imported Nickel losses expand once more. Therefore, the import is already obvious inhibition at present.  The supply of refined nickel is hardly to increase mental from the previous month, while the demand is increasing, so the general direction of nickel is flill bullish Source:Congshine

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  • The steel industry's collective profit fushun special steel is still in the loss.
    The steel industry's collective profit fushun special steel is still in the loss.
    • 2018-02-03 22:24:55

    In the case that the listed steel companies are generally profitable and the stock price is red, there are a few stocks of green: fushun special steel (600399.SH), antai group (600408.sh), zhongyuan special steel (002423.SZ). Thanks to a rebound in steel prices, China's steel industry has turned a profit since 2016.The vast majority of steel companies that have announced their results are doing well. However, fushun's 2017 pre-loss performance announcement was released on January 31.It said the losses were due to historical reasons for "physical assets such as inventory". Fushun said it found significant problems in physical assets such as inventory, which could involve major changes in the company's previous annual financial data. China securities regulatory commission on January 30, liaoning regulatory bureau (hereinafter referred to as liaoning securities regulatory bureau) issued a request fushun special steel correction measures decided, don't think fushun special steel internal control specification, in terms of asset management (mainly including inventory, fixed assets, projects under construction) there are many weak links, and cannot be reasonably ensure enterprise financial report information and true, in violation of the "enterprise internal control basic norms" and so on. Liaoning securities regulatory bureau's decision also said fushun special steel accounting foundation work is weak, accounting is not standard, not according to stipulations reconciliation problems, such as a violation of the "guidelines for fundamental accounting work" and so on. The liaoning securities regulatory bureau began to conduct on-site inspection of fushun special steel on December 7, 2017.According to the on-site inspection method of listed companies, fushun special steel needs to make a written rectification report before February 28 this year. Previously, fushun's parent company was northeast special steel group co., LTD. (hereinafter referred to as northeast special steel).Dongbei special steel used to be the star enterprise of the production of military steel, and also the largest special steel enterprise in north China. Due to the debt crisis, dongbei special steel has officially entered the bankruptcy reorganization program since October 2016.After several choices, the steel group took over the northeast special steel. In September 2017, shen wenrong, chairman of sha steel group, became the controlling shareholder of dongbei special steel, with a 43% stake.In addition, the acquisition of the northeast special steel jincheng sha chau also indirectly owns a 38.22 percent stake in fushun special steel, the control of fushun special steel. The net profit of fushun special steel in 2012-2016 was 0.20.5 billion yuan, 0.232 billion yuan, 0.47 billion yuan, 196.7 million yuan and 111.2 million yuan, respectively, before being connected to sand steel. However, after this check, fushun special steel has forecast 2017 losses, and faces delisting risk, because ...

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  • Latin America Crude steel production rose 7% in  january-november   2017
    Latin America Crude steel production rose 7% in january-november 2017
    • 2018-01-28 21:03:08

    This is congshine stainless steel . Now let us share latin american steel news with you.  Alacero, the Latin American steel association, said production of finished products in Latin America rose 3% to 48.6 million tonnes in the first 11 months of 2017.Steel association, a statement of Latin America, Brazil is a major steel producers in Latin America, finished product material produced 20.7 million metric tons, 43% of Latin America finished product material production, the second is output by 17.2 million metric tons of Mexico, 35% of the total.Crude steel production rose 7 per cent year-on-year to 58.8m tonnes in January and November, with Brazil's crude steel production rising 9 per cent to 31.5 million tonnes, or 54 per cent.The apparent consumption of finished products increased 4 percent to 60.7 million metric tons. "Of the total steel consumption in Latin America, 34.6 million metric tons of flat material consumption accounted for 57 percent of total steel consumption, 24.9 million metric tons of long material consumption were 41 percent, and the seamless pipe consumption of 1.2 million metric tons was 2 percent."The Latin American steel association said.In absolute increments, the increase in consumption from high to low is Mexico, with an increase of 1 million metric tons or 4%;Brazil's consumption rose by 800,000 tonnes or 5%;Argentine consumption increased by 209,000 metric tons or 5%;Ecuador consumption increased by 183,000 metric tons or 13%;Consumption in the Dominican republic increased by 37,000 metric tons or 9%;Chilean consumption increased by 35,000 metric tons or 1%;Paraguay's consumption increased by 25,000 metric tons or 9%;Colombian consumption increased by 20,000 metric tons or 1%.From January to November, the imports of finished products reached 19.2 million metric tons, up 6% year on year, and the imported flat materials were 13.5 million metric tons, accounting for 70%.The import volume of long material is 5.2 million metric tons, accounting for 27%.Seamless pipe imports of 514 million metric tons, accounting for 3%."Imports of steel now account for 32 per cent of the consumption of manufactured goods in Latin America. Excessive import levels may have adverse effects on the local industry, which can easily lead to trade disputes and threaten local employment opportunities."The Latin American association says.

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